Regular Savings Accounts: The Best Currently Available List!

happybagger

adindas said:

Loughborough BS Flexible Saver.The interest has dropped to 1.1%

Could I close these

Loughborough Flexible Monthly Saver

Loughborough Save to buy

And I will get interest up to the closing date without interest penalty? Thx

These accounts have three penalty free withdrawals each year, in case you weren't aware?

Edit@ Apologies @Big_W didn't spot you'd already made the same point 

where_are_we

Usa2019 said:

I have the following 1% RS, does anyone know if it let you skip monthly payment. I have only deposit when I first opened the account in Nov and missed putting money in in December. Don't want to put money in now if they will not give out interest cos I broken t&c.

Virgin Money Regular E-saver issue 17
Virgin Money Regular E-saver issue 19
Monmouthshire BS Regular Saver Bond (Issue 5)
Monmouthshire BS Christmas Saver Bond Issue 3

VMRES19 T&C`s does not state that you will be penalised for missing a monthly payment and it doesn`t expressly say each month must be funded. Having said that you might be better to minimum fund it with a £1 monthly SO going forward.

JamesRobinson48

Dudley BS has launched today a new RS.
Sorry, no great excitement here: its terms do not qualify for SS2's list - only 1.00% variable, max £250 pm, one year tenor. 
But personally, I'm going for it because it's the Dudley's first ever online account: I believe I'll now be able to view my passbook account balances with them, and I'd like to encourage their online initiative. 

EDIT:  It took me only a few minutes to register for the new online service, apply for the RS, open the RS, and fund it by debit card.

glider3560

where_are_we said:

Usa2019 said:

I have the following 1% RS, does anyone know if it let you skip monthly payment. I have only deposit when I first opened the account in Nov and missed putting money in in December. Don't want to put money in now if they will not give out interest cos I broken t&c.

Virgin Money Regular E-saver issue 17
Virgin Money Regular E-saver issue 19
Monmouthshire BS Regular Saver Bond (Issue 5)
Monmouthshire BS Christmas Saver Bond Issue 3

VMRES19 T&C`s does not state that you will be penalised for missing a monthly payment and it doesn`t expressly say each month must be funded. Having said that you might be better to minimum fund it with a £1 monthly SO going forward.

There's no penalty in the T&Cs (e.g. lower interest rate), so there should be no need to fund the account every month.

P3

JamesRobinson48 said:

Dudley BS has launched today a new RS.
Sorry, no great excitement here: its terms do not qualify for SS2's list - only 1.00% variable, max £250 pm, one year tenor. 
But personally, I'm going for it because it's the Dudley's first ever online account: I believe I'll now be able to view my passbook account balances with them, and I'd like to encourage their online initiative. 

Thanks for bringing this up on this thread, even tho it doesn't fit into 1st page (imo it should) 

Has it ever happen that RS get interest rate reduce while already open????

Most of the time, bank/BS just reissued the next one with lower interest rate

strawb_shortcake

Quite specific but nice account for someone aged 16-25 living or working in Bath
https://www.bathbuildingsociety.co.uk/savings/personal-savings/16-25-regular-saver

veryintrigued

P3 said:

JamesRobinson48 said:

Dudley BS has launched today a new RS.
Sorry, no great excitement here: its terms do not qualify for SS2's list - only 1.00% variable, max £250 pm, one year tenor. 
But personally, I'm going for it because it's the Dudley's first ever online account: I believe I'll now be able to view my passbook account balances with them, and I'd like to encourage their online initiative. 

Thanks for bringing this up on this thread, even tho it doesn't fit into 1st page (imo it should) 

Has it ever happen that RS get interest rate reduce while already open????

Most of the time, bank/BS just reissued the next one with lower interest rate

Loads of my (non Dudley) variable RS have had rate changes in the past.

P3

I guess either I'm lucky or I don't have as many RS as u guys.
Which bank /BS have done it in the past?

veryintrigued

P3 said:

I guess either I'm lucky or I don't have as many RS as u guys.
Which bank /BS have done it in the past?

Far too many to list on here but if you go back page by page on this thread you'll get example after example.

I hold scores of them. But won't clutter up this thread with reposts of what's already here.

But for instance Nottingham BS reduced the rate on six I held late last year.

If you go back far enough you'll also get examples where institutions have also raised their rates mid term too!

SFindlay

JamesRobinson48 said:

Dudley BS has launched today a new RS.
Sorry, no great excitement here: its terms do not qualify for SS2's list - only 1.00% variable, max £250 pm, one year tenor. 
But personally, I'm going for it because it's the Dudley's first ever online account: I believe I'll now be able to view my passbook account balances with them, and I'd like to encourage their online initiative. 

EDIT:  It took me only a few minutes to register for the new online service, apply for the RS, open the RS, and fund it by debit card.

Can you confirm whether or not you can now view all of your Dudley accounts, in particular their Branch / Postal based versions of Regular Savers if you have one??